Insights / eventsInsights
Insights / events

Presentation

Digital Sales and Financing in the Auto Market

Read Time: 1 min

Growth in the digital sale and financing auto market has outpaced many of our expectations and most of our consumer finance laws.

On Thursday, April 14, 2022, Member Jason Bichsel (Cleveland) will present on the full cycle of an auto finance transaction, from digital marketing, to application, to repossession within an online environment, during the Auto Intel Summit in Raleigh.

Jason will also discuss the legal issues that a financing company should consider when their vendors, dealers, and customers incorporate computer, tablet, and mobile transactions and disclosures. Understanding how consumers navigate a website is critical for more than just marketing–it can impact the enforceability of a contract.

Learn more.

Insights

Published Article

Powersports and the CFPB: Fair lending, fees, repossessions, and voluntary products

June 28, 2022

The CFPB has announced a clear focus on fair lending, “junk” fees, voluntary protection products, and repossessions. Each of these focus areas will require powersports finance companies to reconsider their relationships with service providers whose value proposition is to be the “brain” behind complex operational functions like credit decisioning, payment processing, and default servicing.

News Release

McGlinchey Named Special Finance 175 Honoree By SubPrime Auto Finance News

April 2022

McGlinchey’s Consumer Financial Services Regulatory team is proud to be listed in the 2022 “Special Finance 175,” a recognition presented by SubPrime Auto Finance News for organizations that “support companies and dealerships with sound guidance and tools to navigate the ever-changing regulatory demands.”

Presentation

CCFL 2022 Annual Consumer Financial Services Conference

May 20, 2022

Three members of McGlinchey's Consumer Financial Services Compliance team will participate in panel discussions during the Conference on Consumer Finance Law's 2022 Annual Consumer Financial Services Conference at Loyola University Chicago School of Law on May 19-20, 2022.

Presentation

Edelman to Speak at 2022 Auto Finance Risk Summit

April 26, 2022

Cleveland Member and Chair of McGlinchey's national Consumer Financial Services Compliance team Mark Edelman will participate in two panels during the upcoming Auto Finance Risk Summit in San Diego.

Published Article

CFPB eyes unfair, deceptive acts: Technology and repossessions

April 5, 2022

The CFPB highlighted several areas of concern in automobile lending in its recent blog post titled “Rising car prices means more auto loan debt.” Technology and its impact on consumers, particularly when it comes to how the use of technology may “disproportionally impact certain communities,” was a primary focus of this bulletin.

Published Article

CFPB eyes unfair, deceptive acts: Here are some tips to avoid scrutiny

April 4, 2022

With a new administration comes new priorities for federal agencies, and the Consumer Financial Protection Bureau (CFPB) is no different. During the Trump administration, the Bureau focused on “educating” consumers. Under President Biden, the CFPB has signaled, through words and actions, a return to significantly more aggressive supervision and enforcement actions.